AM Best Places Credit Ratings of Electric Insurance Company Under Review With Negative Implications
AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) of Electric Insurance Company (EIC) (Beverly, MA).
- AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) of Electric Insurance Company (EIC) (Beverly, MA).
- The ratings will remain under review with negative implications while AM Best will remain in communication with EIC’s management and monitor the effects of the transaction as they evolve.
- For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
- For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .